Growing Wealth

Mubadala swells to $302 billion as it pours capital into AI and life sciences

Abu Dhabi’s second-largest sovereign wealth fund deployed $27 billion last year

World Governments Summit

Mubadala CEO Khaldoon Al Mubarak at the World Governments Summit in Dubai.

Mubadala Investment Co., Abu Dhabi’s second-largest sovereign wealth fund, published its 2023 annual review today, revealing the fund has swelled to $302 billion in assets under management and deployed $27 billion over the year.

Those investments were focused on...